Freeman Gold Net Income vs. Book Value Per Share
| FMANF Stock | USD 0.07 0.01 6.33% |
For Freeman Gold profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Freeman Gold to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Freeman Gold Corp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Freeman Gold's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Freeman Gold Corp over time as well as its relative position and ranking within its peers.
Freeman |
Freeman Gold Corp Book Value Per Share vs. Net Income Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Freeman Gold's current stock value. Our valuation model uses many indicators to compare Freeman Gold value to that of its competitors to determine the firm's financial worth. Freeman Gold Corp is rated # 4 in net income category among its peers. It is one of the top stocks in book value per share category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Freeman Gold's earnings, one of the primary drivers of an investment's value.Freeman Book Value Per Share vs. Net Income
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Freeman Gold |
| = | (3.49 M) |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
Freeman Gold |
| = | 0.21 X |
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Freeman Book Value Per Share Comparison
Freeman Gold is currently under evaluation in book value per share category among its peers.
Freeman Gold Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Freeman Gold, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Freeman Gold will eventually generate negative long term returns. The profitability progress is the general direction of Freeman Gold's change in net profit over the period of time. It can combine multiple indicators of Freeman Gold, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Freeman Gold Corp. engages in the acquisition, exploration, and evaluation of mineral properties in Canada and the United States. The company holds a 100 percent interest in the Lemhi gold project comprising 10 patented mining claims, 1 patented millsite, and 333 unpatented claims covering an area of approximately 6,7 acres of mineral rights and 615 acres of surface rights located in Lemhi County, Idaho. FREEMAN GOLD is traded on OTC Exchange in the United States.
Freeman Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Freeman Gold. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Freeman Gold position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Freeman Gold's important profitability drivers and their relationship over time.
Use Freeman Gold in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Freeman Gold position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Freeman Gold will appreciate offsetting losses from the drop in the long position's value.Freeman Gold Pair Trading
Freeman Gold Corp Pair Trading Analysis
The ability to find closely correlated positions to Freeman Gold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Freeman Gold when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Freeman Gold - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Freeman Gold Corp to buy it.
The correlation of Freeman Gold is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Freeman Gold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Freeman Gold Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Freeman Gold can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Freeman Gold position
In addition to having Freeman Gold in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Manufacturing Thematic Idea Now
Manufacturing
Companies that provide goods across residential, commercial and industrial construction such as machinery, tools, or lumber production. The Manufacturing theme has 20 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Manufacturing Theme or any other thematic opportunities.
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Other Information on Investing in Freeman OTC Stock
To fully project Freeman Gold's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Freeman Gold Corp at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Freeman Gold's income statement, its balance sheet, and the statement of cash flows.